By October 23, 2014 0 Comments Read More →

Advocate: Louisiana’s Tuscaloosa, Haynesville shales hampered by oil, natural gas prices

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The Advocate reports:

Drillers are closing in on the most efficient and consistent way to produce oil from the Tuscaloosa Marine Shale across Louisiana’s midsection, but low prices will strongly affect drilling activity. Likewise, natural gas prices will hamper activity in the Haynesville Shale in northwest Louisiana until proposed export terminals are operating, energy summit experts said Wednesday.

Liquefied natural gas exports present a tremendous economic opportunity for Louisiana and the Gulf Coast, supporters said during the LSU Center for Energy Studies’ annual summit.

It’s not a choice……..

Read more here

Posted in: Shale News

About the Author:

The Louisiana Oil & Gas Association (known before 2006 as LIOGA) was organized in 1992 to represent the Independent and service sectors of the oil and gas industry in Louisiana; this representation includes exploration, production and oilfield services. Our primary goal is to provide our industry with a working environment that will enhance the industry. LOGA services its membership by creating incentives for Louisiana’s oil & gas industry, warding off tax increases, changing existing burdensome regulations, and educating the public and government of the importance of the oil and gas industry in the state of Louisiana.

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